SHANGHAI, Aug. 31 (SMM) – On Wednesday’s night session, SHFE 1701 tin opened at RMB 124,070/mt, and then rose before ending at RMB 124,500/mt.
On Thursday, the most active contract opened at RMB 124,700/mt and finally, the contract ended up 1.19% at RMB 125,220/mt. Trading volumes were up 5,654 lots to13,978 lots and positions were up 5,654 to 13,978. SHFE 1701 tin will fluctuate at highs, with support at RMB 126,000/mt.
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